Alpha Income Quality vs Pocfratio Analysis

TKNO Stock

USD 8.71 0.39 4.69%

Alpha Teknova financial indicator trend analysis is way more than just evaluating Alpha Teknova prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Teknova is a good investment. Please check the relationship between Alpha Teknova Income Quality and its Pocfratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Alpha Teknova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Alpha Stock, please use our How to Invest in Alpha Teknova guide.

Income Quality vs Pocfratio

Income Quality vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Teknova Income Quality account and Pocfratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Alpha Teknova's Income Quality and Pocfratio is -0.89. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Alpha Teknova, assuming nothing else is changed. The correlation between historical values of Alpha Teknova's Income Quality and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Alpha Teknova are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Income Quality i.e., Alpha Teknova's Income Quality and Pocfratio go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Pocfratio

Most indicators from Alpha Teknova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Teknova current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Alpha Teknova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Alpha Stock, please use our How to Invest in Alpha Teknova guide.As of the 5th of January 2025, Tax Provision is likely to drop to about (745.6 K). In addition to that, Selling General Administrative is likely to drop to about 19.8 M

	2024	2025 (projected)
Depreciation And Amortization	6.5M	3.5M
Interest Income	100.1K	84.2K

Depreciation And Amortization Interest Income

Alpha Teknova fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.86	0.52	0.89	0.99	-0.78	0.97	0.88	-0.4	-0.75	0.91	0.92	0.91	0.78	0.96	0.89	0.85	-0.76	0.73	-0.79	0.86	0.75	0.75	-0.65	1.0	0.86
Short Long Term Debt Total	0.86		0.32	0.91	0.8	-0.81	0.89	0.97	0.08	-0.88	0.85	0.6	0.97	0.94	0.88	0.55	0.67	-0.93	0.78	-0.44	0.98	0.77	0.9	-0.27	0.83	0.93
Other Current Liab	0.52	0.32		0.65	0.52	-0.72	0.53	0.51	-0.15	-0.53	0.13	0.44	0.52	0.45	0.56	0.45	0.11	-0.45	0.63	-0.58	0.49	-0.13	0.48	-0.49	0.52	0.49
Total Current Liabilities	0.89	0.91	0.65		0.85	-0.93	0.9	0.95	-0.04	-0.85	0.75	0.68	0.96	0.91	0.91	0.65	0.56	-0.89	0.78	-0.54	0.94	0.53	0.86	-0.35	0.87	0.9
Total Stockholder Equity	0.99	0.8	0.52	0.85		-0.73	0.95	0.83	-0.49	-0.7	0.89	0.95	0.87	0.72	0.94	0.93	0.87	-0.69	0.71	-0.84	0.8	0.74	0.69	-0.72	1.0	0.81
Other Liab	-0.78	-0.81	-0.72	-0.93	-0.73		-0.87	-0.88	-0.12	0.92	-0.59	-0.55	-0.88	-0.93	-0.89	-0.53	-0.42	0.93	-0.8	0.53	-0.87	-0.37	-0.92	0.38	-0.76	-0.92
Net Tangible Assets	0.97	0.89	0.53	0.9	0.95	-0.87		0.91	-0.22	-0.88	0.87	0.83	0.94	0.89	1.0	0.79	0.81	-0.87	0.82	-0.77	0.9	0.74	0.88	-0.64	0.95	0.95
Property Plant And Equipment Net	0.88	0.97	0.51	0.95	0.83	-0.88	0.91		0.05	-0.92	0.78	0.62	0.99	0.93	0.91	0.57	0.62	-0.94	0.86	-0.52	1.0	0.66	0.91	-0.35	0.86	0.94
Net Debt	-0.4	0.08	-0.15	-0.04	-0.49	-0.12	-0.22	0.05		-0.24	-0.36	-0.72	-0.01	0.24	-0.2	-0.75	-0.55	-0.28	0.09	0.65	0.1	-0.27	0.27	0.66	-0.45	0.09
Retained Earnings	-0.75	-0.88	-0.53	-0.85	-0.7	0.92	-0.88	-0.92	-0.24		-0.62	-0.47	-0.91	-0.96	-0.88	-0.42	-0.5	0.98	-0.89	0.51	-0.92	-0.54	-0.99	0.39	-0.73	-0.97
Accounts Payable	0.91	0.85	0.13	0.75	0.89	-0.59	0.87	0.78	-0.36	-0.62		0.84	0.82	0.72	0.85	0.81	0.92	-0.68	0.55	-0.61	0.76	0.92	0.66	-0.49	0.9	0.77
Cash	0.92	0.6	0.44	0.68	0.95	-0.55	0.83	0.62	-0.72	-0.47	0.84		0.67	0.5	0.82	1.0	0.87	-0.46	0.48	-0.87	0.58	0.68	0.46	-0.77	0.93	0.62
Non Current Assets Total	0.91	0.97	0.52	0.96	0.87	-0.88	0.94	0.99	-0.01	-0.91	0.82	0.67		0.94	0.93	0.63	0.67	-0.93	0.86	-0.57	0.99	0.69	0.91	-0.41	0.89	0.95
Non Currrent Assets Other	0.78	0.94	0.45	0.91	0.72	-0.93	0.89	0.93	0.24	-0.96	0.72	0.5	0.94		0.89	0.45	0.53	-1.0	0.82	-0.43	0.94	0.6	0.99	-0.28	0.75	0.98
Other Assets	0.96	0.88	0.56	0.91	0.94	-0.89	1.0	0.91	-0.2	-0.88	0.85	0.82	0.93	0.89		0.79	0.79	-0.87	0.83	-0.77	0.89	0.71	0.89	-0.65	0.95	0.96
Cash And Short Term Investments	0.89	0.55	0.45	0.65	0.93	-0.53	0.79	0.57	-0.75	-0.42	0.81	1.0	0.63	0.45	0.79		0.85	-0.41	0.44	-0.87	0.53	0.63	0.41	-0.78	0.91	0.57
Net Receivables	0.85	0.67	0.11	0.56	0.87	-0.42	0.81	0.62	-0.55	-0.5	0.92	0.87	0.67	0.53	0.79	0.85		-0.5	0.55	-0.79	0.6	0.92	0.52	-0.74	0.86	0.66
Good Will	-0.76	-0.93	-0.45	-0.89	-0.69	0.93	-0.87	-0.94	-0.28	0.98	-0.68	-0.46	-0.93	-1.0	-0.87	-0.41	-0.5		-0.83	0.41	-0.94	-0.58	-0.99	0.26	-0.72	-0.97
Common Stock Shares Outstanding	0.73	0.78	0.63	0.78	0.71	-0.8	0.82	0.86	0.09	-0.89	0.55	0.48	0.86	0.82	0.83	0.44	0.55	-0.83		-0.64	0.87	0.51	0.87	-0.55	0.72	0.87
Non Current Liabilities Total	-0.79	-0.44	-0.58	-0.54	-0.84	0.53	-0.77	-0.52	0.65	0.51	-0.61	-0.87	-0.57	-0.43	-0.77	-0.87	-0.79	0.41	-0.64		-0.49	-0.52	-0.47	0.98	-0.82	-0.6
Inventory	0.86	0.98	0.49	0.94	0.8	-0.87	0.9	1.0	0.1	-0.92	0.76	0.58	0.99	0.94	0.89	0.53	0.6	-0.94	0.87	-0.49		0.66	0.92	-0.32	0.83	0.94
Other Current Assets	0.75	0.77	-0.13	0.53	0.74	-0.37	0.74	0.66	-0.27	-0.54	0.92	0.68	0.69	0.6	0.71	0.63	0.92	-0.58	0.51	-0.52	0.66		0.57	-0.46	0.74	0.67
Other Stockholder Equity	0.75	0.9	0.48	0.86	0.69	-0.92	0.88	0.91	0.27	-0.99	0.66	0.46	0.91	0.99	0.89	0.41	0.52	-0.99	0.87	-0.47	0.92	0.57		-0.34	0.72	0.98
Total Liab	-0.65	-0.27	-0.49	-0.35	-0.72	0.38	-0.64	-0.35	0.66	0.39	-0.49	-0.77	-0.41	-0.28	-0.65	-0.78	-0.74	0.26	-0.55	0.98	-0.32	-0.46	-0.34		-0.68	-0.47
Net Invested Capital	1.0	0.83	0.52	0.87	1.0	-0.76	0.95	0.86	-0.45	-0.73	0.9	0.93	0.89	0.75	0.95	0.91	0.86	-0.72	0.72	-0.82	0.83	0.74	0.72	-0.68		0.83
Property Plant And Equipment Gross	0.86	0.93	0.49	0.9	0.81	-0.92	0.95	0.94	0.09	-0.97	0.77	0.62	0.95	0.98	0.96	0.57	0.66	-0.97	0.87	-0.6	0.94	0.67	0.98	-0.47	0.83

Click cells to compare fundamentals

Alpha Teknova Account Relationship Matchups

Alpha Teknova fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	62.9M	166.5M	152.3M	128.6M	147.9M	125.1M
Other Current Liab	2.3M	5.5M	4.8M	5.6M	6.4M	5.0M
Total Current Liabilities	4.0M	7.7M	10.9M	8.9M	10.2M	8.1M
Total Stockholder Equity	16.8M	143.2M	99.9M	90.0M	103.5M	79.8M
Property Plant And Equipment Net	10.0M	29.8M	71.3M	66.8M	76.9M	40.4M
Net Debt	(3.3M)	(75.6M)	74K	2.0M	2.3M	2.4M
Retained Earnings	2.3M	(7.5M)	(55.0M)	(91.8M)	(82.6M)	(78.5M)
Accounts Payable	1.6M	2.2M	2.4M	1.5M	1.7M	1.9M
Cash	3.3M	87.5M	42.2M	28.5M	32.8M	36.5M
Non Current Assets Total	46.5M	65.3M	91.1M	82.9M	95.4M	72.4M
Non Currrent Assets Other	24K	180K	2.3M	1.9M	2.1M	2.2M
Cash And Short Term Investments	5.1M	87.5M	42.2M	28.5M	32.8M	38.1M
Net Receivables	4.6M	5.9M	4.3M	3.9M	4.5M	4.8M
Liabilities And Stockholders Equity	62.9M	166.5M	152.3M	128.6M	147.9M	125.1M
Non Current Liabilities Total	42.2M	15.6M	41.5M	29.7M	26.7M	27.0M
Inventory	3.6M	5.4M	12.2M	11.6M	13.3M	7.8M
Other Current Assets	3.1M	2.4M	2.4M	1.6M	1.9M	2.1M
Other Stockholder Equity	(21.1M)	(15.8M)	154.9M	181.8M	209.1M	219.6M
Total Liab	46.1M	23.3M	52.4M	38.6M	34.7M	33.0M
Net Invested Capital	16.8M	155.1M	121.9M	103.3M	118.8M	90.2M
Property Plant And Equipment Gross	10.0M	32.3M	71.3M	74.4M	85.5M	89.8M
Total Current Assets	16.4M	101.2M	61.1M	45.7M	52.5M	52.8M
Net Working Capital	12.5M	93.5M	50.3M	36.8M	42.3M	44.6M
Intangible Assets	19.9M	18.7M	17.6M	14.2M	12.8M	14.6M

Pair Trading with Alpha Teknova

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alpha Teknova position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alpha Teknova will appreciate offsetting losses from the drop in the long position's value.

Moving against Alpha Stock

0.73	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.65	DNLI	Denali Therapeutics	Pair Corr
0.63	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.59	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.58	LLY	Eli Lilly	Pair Corr

The ability to find closely correlated positions to Alpha Teknova could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Teknova when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha Teknova - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha Teknova to buy it.

The correlation of Alpha Teknova is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha Teknova moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Teknova moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Alpha Teknova can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Alpha Teknova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alpha Teknova's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alpha Teknova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alpha Teknova Stock:

How To Invest In Alpha

Details

Is Alpha Stock a good investment?

Details

What is Alpha Teknova's Net Worth?

Details

Largest Biotechnology Companies

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Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Alpha Teknova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Alpha Stock, please use our How to Invest in Alpha Teknova guide.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha Teknova. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha Teknova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.92)

Revenue Per Share

0.917

Quarterly Revenue Growth

(0.17)

Return On Assets

(0.15)

Return On Equity

(0.42)

The market value of Alpha Teknova is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Teknova's value that differs from its market value or its book value, called intrinsic value, which is Alpha Teknova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha Teknova's market value can be influenced by many factors that don't directly affect Alpha Teknova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Alpha Teknova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Teknova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Teknova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Alpha Income Quality vs Pocfratio Analysis

Income Quality vs Pocfratio

Income Quality vs Pocfratio Correlation Analysis

Correlation Coefficient

Income Quality

Pocfratio

Alpha Teknova fundamental ratios Correlations

Alpha Teknova Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alpha Teknova fundamental ratios Accounts

Pair Trading with Alpha Teknova

Moving against Alpha Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Net Tangible Assets
Inventory	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets

Good Will	- 1.0	Non Currrent Assets Other
Other Stockholder Equity	- 0.99	Good Will
Other Stockholder Equity	- 0.99	Retained Earnings
Property Plant And Equipment Gross	- 0.97	Good Will
Property Plant And Equipment Gross	- 0.97	Retained Earnings
Non Currrent Assets Other	- 0.96	Retained Earnings